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Mint Explainer | India invited to Pax Silica: What it could mean for AI, chip supply chains
MINT· 2026-01-13 10:32
Core Insights - The US is inviting India to join Pax Silica, a strategic initiative aimed at securing the global silicon supply chain in the AI era [1][2] Group 1: Overview of Pax Silica - Pax Silica is designed to identify trusted partner nations to enhance AI efforts and create a robust global supply chain for silicon and related materials [3] - The initiative includes countries such as the US, Japan, South Korea, Singapore, the Netherlands, Israel, UAE, the UK, and Australia, with India potentially joining [3] - Each participating nation is expected to contribute unique strengths in areas like critical minerals, advanced manufacturing, semiconductor capability, and AI innovation [3] Group 2: Importance for India - India's participation in Pax Silica would signify its role in shaping future supply chains for AI and advanced computing [7] - The Indian government emphasizes the strategic importance of being involved in critical mineral security discussions [8] - India's existing initiatives in AI and semiconductors align with Pax Silica's objectives, including the India AI Mission with a ₹10,372 crore budget and the India Semiconductor Mission with a ₹76,000 crore allocation [9] Group 3: India's Technological Landscape - India hosts over 2,975 global capability centers (GCCs), employing nearly 1.9 million professionals, highlighting its significant role in the global tech ecosystem [10][11] - Major multinational investments, such as Microsoft's $17.5 billion investment in AI and cloud infrastructure in India, further strengthen its positioning [11] Group 4: Geopolitical Context - Pax Silica reflects a strategic shift where economic tools are increasingly used for geopolitical ends, particularly in the context of reducing dependence on China [12][13] - China's dominance in critical supply chains, especially in rare earth materials, has prompted India to support domestic manufacturing initiatives [14] - India's potential contributions to Pax Silica include its large market for new technology and its integration into the global tech ecosystem [15]
急着去海底挖?日企说:没中国稀土,他们最多撑3-6个月
首席商业评论· 2026-01-13 04:15
Core Viewpoint - China's tightening of rare earth export controls against Japan is a significant move that could severely impact Japan's industrial capabilities, particularly in the automotive and military sectors [3][8][19]. Group 1: Impact on Japanese Industry - Japan's automotive manufacturers are shifting towards reducing rare earth usage, but they acknowledge that rare earths are crucial for small electric vehicles and related technologies. A prolonged impact could severely affect the entire Japanese automotive industry [5][10]. - The recent announcement from China includes a comprehensive control list that targets not only rare earths but also over a thousand items critical to Japan's industrial and military supply chains [8][12]. - Japan's dependency on China for heavy rare earths like dysprosium and terbium is nearly 100%, which poses a significant risk to its electric vehicle and robotics sectors amid supply chain disruptions [10][19]. Group 2: Economic Consequences - Estimates from Nomura Research suggest that limitations on metal raw material supplies could lead to a decrease in Japan's GDP by 2.6 trillion yen, or 0.43% overall [14]. - The impact of these controls is expected to extend across key sectors, including automotive, electronic components, wind power, medical devices, and aerospace [14]. Group 3: Japan's Response and Future Strategies - Japan has been seeking alternative sources for rare earths since 2010, with Australia being a potential supplier. However, the higher costs and limited production capacity of Australian rare earths make it a challenging substitute in the short term [19]. - Japan is initiating deep-sea rare earth mud drilling tests near Minami-Torishima, with plans to assess the feasibility of commercial production by 2027. However, the high costs and uncertain yield of deep-sea operations present significant challenges [20][23]. - The recent launch of a rare earth price index by China's Baotou Rare Earth Products Exchange aims to enhance pricing transparency and strengthen China's position in global commodity pricing [23].
Sony and bolttech Launch My Sony Care+ in HK
Fintech Hong Kong· 2026-01-13 03:12
Group 1 - Sony has partnered with bolttech to launch My Sony Care+, an embedded protection program that offers extended coverage for selected devices, supported by Tokio Marine [1][2] - The program will initially be available in Hong Kong for Sony cameras and lenses starting mid-December, with plans to expand coverage in 2026 to include additional products such as Xperia smartphones and televisions [2] - My Sony Care+ provides an extended warranty of up to one or two additional years beyond the original manufacturer warranty, allowing unlimited repairs for mechanical and electrical faults [3][4] Group 2 - The program includes complimentary accidental and liquid damage insurance for eligible customers, with service limits set at two repairs under a one-year plan and three repairs under a two-year plan [5] - Repairs are conducted by Sony authorized repair centers, with on-site technicians available for televisions and home theater products [4]
Cramer's Lightning Round: Sony is a buy
CNBC· 2026-01-12 23:54
Stock Chart IconStock chart iconCubeSmart's year-to-date stock performance.CubeSmart: "Not enough growth, and there are others that are better."Stock Chart IconStock chart iconSony's year-to-date stock performance.Sony: "I'm going to say it is a buy. The stock is under valued."watch nowJim Cramer's Guide to InvestingClick here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest smarter. ...
漫威辉煌不再,2025年北美电影市场不足90亿美元
Xin Lang Cai Jing· 2026-01-12 08:45
Group 1 - The North American box office for 2025 reached $8.87 billion, falling short of the $9 billion target, representing only a 1.5% increase from 2024's $8.74 billion [1] - Since 2009, the North American box office has consistently surpassed $10 billion annually, and since 2015, it has exceeded $11 billion [1] - The average ticket price in North America rose to $13.29 in 2025, which helped maintain box office figures despite a significant drop in attendance [1] Group 2 - A total of 111 films were released in North America in 2025, compared to 143 in 2019, with the highest-grossing film being "Minecraft: The Movie" at $423.9 million [2][3] - The number of films grossing over $100 million decreased from 24 in 2023 and 22 in 2024 to 20 in 2025, indicating a trend towards fewer successful films [3] - Disney led the market with $2.49 billion in North American box office revenue, capturing 25% of the audience share, followed by Warner Bros. at 21% and Universal at 18.5% [7][8] Group 3 - Major franchises like Marvel faced significant challenges, with films such as "Captain America 4" and "Thunderbolts" reporting losses in the tens of millions [5] - Despite strong performances from films like "Avatar: The Way of Water" and "Jurassic World: Rebirth," there was a noticeable decline in box office compared to previous installments in their respective series [5] - The overall performance of the North American film market in 2025 is seen as a potential new normal for Hollywood, with predictions of theater closures due to rising operational costs [8]
Elon Musk’s X sues Sony, Universal and other major music publishers, saying the company was ‘denied the ability to…’
ETBrandEquity.com· 2026-01-12 07:30
Core Viewpoint - X Corp, owned by Elon Musk, has filed a lawsuit against major music publishers, alleging collusion to prevent the company from negotiating individual licensing agreements for musical works, which violates federal antitrust laws [1][2][3] Group 1: Lawsuit Details - The lawsuit was filed in a Texas federal district court and includes major publishers such as Sony Music, Universal Music, and Warner Chappell [1] - X Corp claims it has been unable to acquire musical composition licenses from individual publishers on competitive terms, suggesting that the collective action of these publishers aimed to impose inflated licensing rates [2][3] - The lawsuit alleges that music publishers representing over 90% of copyrighted music in the US collaborated through the National Music Publishers' Association to act against X Corp [5][8] Group 2: Impact on X Corp - X Corp states that the publishers have been sending numerous takedown requests weekly, seeking the removal of thousands of posts containing copyrighted music, which has pressured the company into accepting unfavorable licensing terms [5][8] - The lawsuit claims that X has already taken down thousands of posts and suspended over 50,000 users, negatively impacting its user base and advertising revenue [8] - X Corp is seeking to restore fair competition in music licensing and to be compensated for lost advertising income [8] Group 3: Previous Legal Context - In 2024, X Corp successfully had most of a 2023 lawsuit filed by 17 music publishers dismissed, which accused the company of copyright violations involving nearly 1,700 songs and sought over $250 million in damages [6][8] - The latest lawsuit indicates that some of the involved publishers have shown willingness to settle the dispute through individual agreements [6][8]
马斯克旗下 X 起诉 18 家音乐巨头:指控其串通抬价、阻碍竞争
Xin Lang Cai Jing· 2026-01-12 01:23
北京时间 1 月 11 日,据路透社报道,埃隆・马斯克 (Elon Musk) 旗下社交媒体 X 在周五起诉了 18 家大型音乐出版商以及一家美国主要音乐产业行业协会, 指控它们合谋阻碍竞争,迫使 X 以被抬高的价格购买音乐作品的授权。 该诉讼在得州联邦地区法院提起,指控美国国家音乐出版商协会、索尼音乐、环球音乐、华纳查普尔和其他 音乐出版商拒绝与 X 就单独的授权协议进行谈判,违反了美国联邦反垄断法。 该诉讼在得州联邦地区法院提起,指控美国国家音乐出版商协会、索尼音乐、环球音乐、华纳查普尔和其他音乐出版商拒绝与 X 就单独的授权协议进行谈 判,违反了美国联邦反垄断法。 "X 被剥夺了以竞争性条款向任何音乐出版商获取美国音乐作品授权的能力。"诉讼称。 美国国家音乐出版商协会主席兼 CEO 大卫・以色列特 (David Israelite) 在一份声明中表示,X 是唯一一家未为其平台上的歌曲获得授权的主要社交媒体公 司。 以色列特表示:"我们指控 X 多年来一直存在版权侵权行为,而这起毫无根据的诉讼是一次恶意之举,意在转移视线,掩盖出版商和词曲作者依法对 X 非法 使用其歌曲行使维权权利的事实。" 美国国家音乐 ...
Shark Tank India Season 5 drama: Anupam Mittal, other judges dress down ‘naturopath’ – here's what went wrong
MINT· 2026-01-11 11:54
All hell broke loose on the first episode of the brand-new season 5 of Shark Tank India on Sony Liv. where influencer Dr Manoj Das pitched his natural skincare and haircare wellness brand, Lewisia Wellness, to the sharks.Although the influencer revealed that he identifies himself as a naturopath and aromatherapy specialist, his assertions during the pitch left Sharks Aman Gupta and Anupam Mittal visibly exasperated—and quickly turned the spotlight on him. Here’s what went wrong.What exactly happened?In the ...
Kalamkaval OTT release date confirmed: When and where to watch Mammootty, Vinayakan's Malayalam crime drama movie
The Economic Times· 2026-01-10 02:51
Core Insights - The film "Kalamkaval" is set to make its digital debut on Sony LIV on January 16, following a successful 40-day theatrical run [1][6][7] - The film has grossed over Rs 83 crore worldwide, indicating strong box office performance [6] Film Performance - Mammootty's portrayal of the antagonist Stanley Das has received significant acclaim, being described as one of his most disturbing performances in recent years [2][7] - The film opened to positive reviews, praised for its screenplay and unsettling atmosphere, contributing to its commercial success [6] Storyline and Production - "Kalamkaval" is set in Kottayikonam and follows a police investigation that uncovers a series of murders linked by manipulation and cunning strategies [3][7] - The supporting cast includes notable actors such as Rajisha Vijayan and Gayathri Arun, enhancing the film's narrative [4][7] - The screenplay was co-written by Jishnu Sreekumar and director Jithin K. Josh, ensuring a cohesive and engaging flow [4][7] Digital Release and Accessibility - The film will be available in multiple languages, including Malayalam, Tamil, Telugu, and Hindi, broadening its reach to a pan-Indian audience [7]
Musks X sues music publishers over alleged licensing conspiracy
MINT· 2026-01-09 20:20
Core Argument - X Corp has filed a lawsuit against 18 major music publishers and the National Music Publishers' Association, alleging a conspiracy to block competition and impose inflated licensing fees for musical works [1][2]. Group 1: Lawsuit Details - The lawsuit was filed in federal district court in Texas, accusing major music publishers, including Sony Music, Universal Music, and Warner Chappell, of violating federal antitrust laws by refusing to negotiate individual licensing deals with X [2]. - The complaint states that publishers representing over 90% of U.S. copyrighted music have conspired against X through the National Music Publishers' Association [3]. Group 2: Impact on X Corp - X claims that the publishers have inundated the platform with weekly takedown notices targeting thousands of posts containing copyrighted music, which has pressured the platform to accept industrywide licensing terms [4]. - As a result of these actions, X has removed thousands of posts and suspended over 50,000 users, negatively impacting its user base and advertising revenue [4]. Group 3: Previous Legal Context - In 2024, X successfully had most of a lawsuit dismissed that was filed by 17 music publishers, including Sony and Universal, which accused it of copyright infringement on nearly 1,700 songs, seeking over $250 million in damages [5]. - X noted that some of the publishers involved in the previous lawsuit have shown willingness to negotiate settlements on individual terms [5].